Monday, October 7, 2013

Palladium-Item Reports Wayne County Recieves over $500,000 from Tax Sale

From the Richmond Palladium-Item:

Wayne County sold more than half of the 100 properties offered in its delinquent tax sale this week, but some past-due owners avoided the sale by enrolling in a new program.

The county sold 58 properties with unpaid property taxes and collected $513,422 at the sale Thursday, Auditor Karen Stevens said Friday. The 42 properties that weren’t sold are now eligible for a commissioners’ sale next spring, Stevens said.

“The number sold was a little less than what we’ve sold in the past, but the total number is also down,” Stevens said.

In 2012, Wayne County had 153 properties in the delinquent tax sale.

The General Assembly updated tax sale laws this year, allowing treasurers to make signed payment agreements with delinquent property owners so their properties can be removed from the tax sale.

Forty-seven properties were removed from Wayne County’s sale Thursday after owners signed payment agreements, Wayne County Treasurer Cathy Williams said.

The agreement includes making regular installment payments, with the debt to be repaid by June 30 of the following year, Williams said. The county auditor is authorized to remove the property from the tax sale list when a signed agreement is presented, Williams said.

Senate Enrolled Act 275, which changed the rules, went into effect July 1. Treasurers are now to notify taxpayers either on their property tax bill or on the envelope that a payment plan is available for partial payments for delinquent taxes, according to the act.
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See the full article here:

http://www.pal-item.com/apps/pbcs.dll/article?AID=2013310040012